ZIP Code Market Report
61041 — Hanover, IL
Data through February 2026 · Updated monthly
Avg Home Value
$111,829
▼ 1.0% year-over-year
Month-over-Month
+1.3%
▲ 1.3%
Single Family
$109,828
Condo / Co-op
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The average home value in the 61041 ZIP code (Hanover, ILLINOIS) is $111,829 as of February 2026. Home prices are declining, down 1.0% compared to last year.
This report is part of the Jo Daviess County market area in ILLINOIS. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Jo Daviess County report.
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Market Snapshot
61041 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $109,883 | $110,378 | $111,829 | ▲ 1.8% |
| Single Family Value | $109,245 | $109,223 | $109,828 | ▲ 0.5% |
Home Values
61041 Home Value Trend
Historical home values for ZIP code 61041. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
Property Types
Home Values by Property Type in 61041
How different property types compare in this ZIP code.
All Homes
$111,829
Single Family
$109,828
Top Tier
$281,383
Data Sources and Methodology
Home value data for ZIP code 61041 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
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